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Prime CBD Development Site with Holding income!

126 Margaret Street, TOOWOOMBA CITY QLD, 4350

For Sale

Property for Sale in 126 Margaret Street, TOOWOOMBA CITY QLD, 4350

Colliers International Toowoomba

126 Margaret St, Toowoomba City, QLD 4350

Listing ID:
11366760
Status:
Active
For:
Sale
Price:
Motivated Vendor - Bring All Offers!
Last Updated:
06/07/2020
Icon building

Property Type

Land/Development/Offices/Retail
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Land Area

2006 SQM
Icon size

Floor Area

769 SQM
Icon parking

Parking

27

Prime CBD Development Site with Holding income!

Ignore all previous pricing, we have a motivated Vendor who wants this SOLD - Bring all offers!

Offering a prime position on one of Toowoomba's most prominent intersections, overlooking Queens Park, this would have to be one of best development sites on offer in the thriving Toowoomba region!

Features include:
- 2,006sqm corner allotment zoned 'Principal Centre'
- 769sqm of net lettable area across 2 buildings & 4 tenancies
- Multiple street frontages, on a prominent corner block with exposure to Margaret & Hume Street
- Net passing income of $149,282.20 per annum
- 10 Storey height potential with multiple development options; Motel, Hotel, Residential, Office (STCA)
- 27 on site parks
- Excellent high-profile location, close to many other retail, professional business and lifestyle convenience
- Take advantage of the temporary TRC Development Incentives Policy offering discounts on infrastructure charges for selected CBD properties

With over $14 billion worth of infrastructure projects underway or proposed for the Toowoomba region, combined with being listed as the fourth most family friendly city in Australia, Toowoomba presents as one of the top regions in which to invest or develop in.

The site at its current size & high profile location, allows for savvy commercial and residential developers to capitalise on this prime development site with holding income in a location with high connectivity and walkability to surrounding Toowoomba CBD amenities.

For more information contact the exclusive marketing agents, Dan Dwan of Colliers International Toowoomba.

Accelerating Success.

*Approx.

For more details, please email agent


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Colliers International Toowoomba

126 Margaret St, Toowoomba City, QLD 4350


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